Dave Gore's Trades That Make Sense Message Board

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Strategies & Market Trends : Dave Gore's Trades That Make Sense

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To: Dave Gore who wrote (4287)	3/25/2002 2:19:34 PM
From: Prophet	Read Replies (1) of 16631

Airline sector: Dave, yeah! the sector has been weak on future fuel concerns. Most of this airlines buy fuel futures and would suspect they are somewhat protected. For analysts to come in and say that CAL will be profitable this quarter but off the reminder of the year is in my opinion overreaction from their part. we all know how volatile the oil market is. Oil prices can go up as easily as they can go down. This is why I think today's sector reactor is an overreaction. I am willing to take a small position and stick with it or a few weeks if I need to.

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